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Builder’s Guarantee
All domestic builders must be registered with the Building Commission and carry insurance.
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If building work is incomplete or defective, owners and successive owners can have access to these insurance funds.
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Building work is covered for a period of six and a half years from the date of completion.
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An owner-builder who wishes to sell a home within six and a half years of its construction must obtain an inspection report and purchase insurance.
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This report, subject to any defects listed, will guarantee the property for defects in workmanship for the remainder of the six and a half year period.
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